Review

LocalBitcoins is an established peer-to-peer marketplace, launched in 2012. Connect directly with others looking to buy or sell Bitcoin, through the website's classified ads. Buy or sell with peace of mind, as every transaction is protected through its escrow service. Once you've bought, you can store your Bitcoins securely in your LocalBitcoins wallet.

  • Buying options
  • Fiat currencies: AUD and 149 others
  • Payment methods: 34
  • Pros
  • No bank account is needed.
  • Accepts over 30 payment methods, including PayPal.
  • Free escrow account protects you from dishonest sellers.
  • Free crypto wallet, with most Bitcoins stored securely offline.
  • Cons
  • You can only buy or sell Bitcoin.
  • You cannot lend or invest your Bitcoins.

P2P Fees

Fees

Buy or sell cryptocurrency peer-to-peer and without commission on LocalBitcoins.

On LocalBitcoins, both buyers and sellers of cryptocurrency can create advertisements. It's free to create an ad and LocalBitcoins' 1% commission only applies when the transaction completes.

Importantly, you'll pay no commission when you reply to an ad. This means that you'll pay no fees on your purchase if you reply to a seller's ad. Likewise, you'll pay no fees on your sale if you reply to a buyer's ad.

P2P Fees
LocalBitcoins
Buyer fee0% if you reply to a seller's ad, and 1% if you create an ad.
Seller fee0% if you reply to a buyer's ad, and 1% if you create an ad.
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cryptobuyer.com is NOT a crypto-currency exchange. We does NOT accept deposits, do NOT process payments, do NOT advise on investments and do NOT arrange investments. We're an online publication with a focus on crypto-currencies. Information published on this website and in our external communications is factual and for information purposes only. It does NOT constitute financial advice. cryptobuyer.com is the trading name of Hades Capital Limited, a company incorporated with the Dubai Development Authority, Dubai, United Arab Emirates under registration no. 101647.